{"id":3066,"date":"2025-05-15T10:41:58","date_gmt":"2025-05-15T10:41:58","guid":{"rendered":"https:\/\/krishigyaan.com\/?p=3066"},"modified":"2026-01-06T10:00:05","modified_gmt":"2026-01-06T10:00:05","slug":"pmfby-a-protective-shield-for-farmers-against-crop-loss","status":"publish","type":"post","link":"https:\/\/krishigyaan.com\/?p=3066","title":{"rendered":"PMFBY A Protective Shield for Farmers Against Crop Loss"},"content":{"rendered":"\n<p>In a country like India, where farming is largely dependent on weather and nature, crop failure due to drought, floods, pests, or disease can severely impact a farmer\u2019s livelihood. To protect farmers from such uncertainties, the <strong>Pradhan Mantri Fasal Bima Yojana (PMFBY)<\/strong> was launched by the Government of India in 2016.<\/p>\n\n\n\n<p>This crop insurance scheme is designed to provide <strong>financial support<\/strong> to farmers in case of crop damage and encourage them to continue farming without fear of complete loss.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Objectives of PMFBY<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To provide insurance coverage and financial support in the event of crop failure.<\/li>\n\n\n\n<li>To stabilize the income of farmers during adverse conditions.<\/li>\n\n\n\n<li>To encourage farmers to adopt modern agricultural practices.<\/li>\n\n\n\n<li>To ensure the flow of credit to the agriculture sector.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Who Can Enroll?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>All farmers<\/strong> growing notified crops in notified areas are eligible.<\/li>\n\n\n\n<li>Enrollment is <strong>mandatory for loanee farmers<\/strong> (those who have taken agricultural loans).<\/li>\n\n\n\n<li><strong>Voluntary for non-loanee farmers<\/strong>.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Premium Rates for Farmers<\/strong><\/h3>\n\n\n\n<p>One of the biggest benefits of PMFBY is the <strong>low premium rates<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>2%<\/strong> for <strong>Kharif crops<\/strong><\/li>\n\n\n\n<li><strong>1.5%<\/strong> for <strong>Rabi crops<\/strong><\/li>\n\n\n\n<li><strong>5%<\/strong> for <strong>Commercial and Horticultural crops<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The remaining premium is shared between the central and state governments, making it affordable for farmers.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What\u2019s Covered?<\/strong><\/h3>\n\n\n\n<p>PMFBY covers various types of crop loss:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pre-sowing to post-harvest losses<\/strong> due to natural calamities like drought, flood, hailstorm, cyclone, etc.<\/li>\n\n\n\n<li><strong>Localized calamities<\/strong> such as landslides or hailstorms affecting a specific field.<\/li>\n\n\n\n<li><strong>Post-harvest losses<\/strong> due to cyclonic rain and unseasonal rainfall.<\/li>\n\n\n\n<li><strong>Prevented sowing\/planting<\/strong> due to adverse weather conditions.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How to Apply?<\/strong><\/h3>\n\n\n\n<p>Farmers can enroll through:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nearest bank branches<\/strong><\/li>\n\n\n\n<li><strong>Common Service Centres (CSCs)<\/strong><\/li>\n\n\n\n<li><strong>Online via the official PMFBY portal<\/strong>: <a class=\"\" href=\"https:\/\/pmfby.gov.in\">https:\/\/pmfby.gov.in<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Required documents:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aadhaar card<\/li>\n\n\n\n<li>Land ownership or lease document<\/li>\n\n\n\n<li>Bank account details<\/li>\n\n\n\n<li>Sowing proof (for non-loanee farmers)<\/li>\n<\/ul>\n\n\n\n<p>Enrollment is seasonal, so it&#8217;s important to apply before the cut-off dates for <strong>Kharif (around July)<\/strong> and <strong>Rabi (around December)<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How is Compensation Paid?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Crop loss is assessed using <strong>remote sensing technology, drones, and crop-cutting experiments (CCE)<\/strong>.<\/li>\n\n\n\n<li>After verification, compensation is directly credited to the farmer&#8217;s <strong>bank account via DBT (Direct Benefit Transfer)<\/strong>.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p>The <strong>Pradhan Mantri Fasal Bima Yojana<\/strong> is a valuable support system for farmers, protecting them against the unpredictability of nature and market. It ensures that even in times of adversity, farmers are not left alone.<\/p>\n\n\n\n<p>By enrolling in PMFBY, farmers can secure not just their crops, but also their future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched by the Government of India. It provides financial support to farmers in the event of crop failure due to natural calamities, pests, or diseases. Here&#8217;s everything you need to know about PMFBY.<\/p>\n","protected":false},"author":1,"featured_media":3068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[245,255],"tags":[260,259,261,262,248,256,258,257],"class_list":["post-3066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government-schemes","category-insurance-pmfby","tag-agriculture-insurance","tag-crop-insurance","tag-farmer-welfare","tag-farming-security","tag-government-schemes","tag-pmfby","tag-pradhan-mantri-yojana","tag-risk-management"],"acf":[],"_links":{"self":[{"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/posts\/3066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3066"}],"version-history":[{"count":1,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/posts\/3066\/revisions"}],"predecessor-version":[{"id":3069,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/posts\/3066\/revisions\/3069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=\/wp\/v2\/media\/3068"}],"wp:attachment":[{"href":"https:\/\/krishigyaan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krishigyaan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}